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Google’s ad revenue totaled $61.66 billion in the first quarter, up 13% from last year. Despite the ongoing success, Google is facing dual threats that could threaten its future growth.
Alphabet, Google's parent company, reported its third-quarter earnings on Tuesday. The company beat on revenue, EPS, its ads business, and Google Cloud revenue, which grew 35% year over year.
Alphabet's (GOOG, GOOGL) stock surged 6% in morning trading Wednesday after the Google parent reported fiscal third quarter earnings that beat analysts' estimates on the top and bottom lines ...
This list has all global annual earnings of all time, limited to earnings of more than $40 billion in "real" (i.e. CPI adjusted) value. Note that some record earning may be caused by nonrecurring revenue, like Vodafone in 2014 (disposal of its interest in Verizon Wireless) [1] or Fannie Mae in 2013 (benefit for federal income taxes).
Big tech companies are continuing a turnaround from last year, as Alphabet, Microsoft and Snap kicked off earnings season with strong sales results for the quarter ended in September.
Just ahead of its blowout first-quarter earnings report on April 25, Google laid off at least 200 employees from its “Core” teams, in a reorganization that will include moving some roles to ...